Have you purchased platinum through GoldRepublic? Then you can sell it back to us safely and easily at any time.
There may be various reasons why you want to sell your platinum. Perhaps you want to take profit after an increase in the price of platinum. Or you expect the platinum price to fall in the short term and want to temporarily free up liquidity. It may also be that you want to adjust the composition of your portfolio and, for example, switch partially to gold or silver.
Whatever your reason, at GoldRepublic you always benefit from a buy-back guarantee on the platinum you have purchased through us.
At GoldRepublic, selling platinum is simple and completely transparent. Thanks to our buyback guarantee, you can always sell the platinum you purchased from us back to us at the price offered at that moment, based on the current platinum price.
Step 01
Log in to your GoldRepublic account.
Step 02
Select the amount of gold you want to sell.
Step 03
Confirm the sale at the current price.
Step 04
After the transaction, you can deposit the amount into your account.
When you sell platinum through GoldRepublic, you can choose from different types of sell orders:
Are you selling your platinum back to GoldRepublic? Then you will receive the current platinum bid price, which is slightly lower than the market price.
You pay 1% transaction costs on the sale of your platinum. This amount is automatically deducted, after which the remaining amount is credited to your GoldRepublic account. You can reinvest this in other precious metals or have it paid out directly to your contra account at your bank.
The selling price of platinum continuously follows the international platinum market. This fluctuates with supply and demand, which are strongly influenced by industrial and economic developments. At GoldRepublic, we always use completely transparent pricing, so that you receive a fair and current price.
As with gold and silver, there is a difference between the purchase price and the selling price of platinum; this is known as the spread. This is caused by:
As a result, you receive slightly less than the current price when you sell, and you pay slightly more when you buy.
The difference between buy and sell price is called the spread. It represents dealer margin and transaction costs applied to the current market price.
Many platforms only buy back platinum originally purchased and stored through them to ensure authenticity and quality. Otherwise, you may need a specialist dealer.
No VAT is charged when selling platinum as a private individual in the UK. However, CGT may apply on profits.
The best selling price is typically achieved when industrial demand is strong and the global spot price is high.
The selling price is driven by global demand (especially automotive and hydrogen industries), supply constraints, dealer margins, and transaction fees.
You can sell safely through reputable UK dealers or platforms offering secure, transparent pricing and insured storage.
Yes, many providers allow selling small quantities (often from 1 gram), though fees may still apply.
Whether to sell now depends on your financial goals and market outlook. Ongoing supply shortages may support prices, but timing remains uncertain.
After selling, funds are typically credited to your account immediately and transferred to your bank within 1–2 working days, depending on your bank.
Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic
Socials
